Credit rating
Company information
About Open the World ApS
Open the World ApS (CVR number: 41543124) is a company from ROSKILDE. The company recorded a gross profit of 17.1 kDKK in 2022. The operating profit was 10 kDKK, while net earnings were 6.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.5 %, which can be considered good and Return on Equity (ROE) was 13.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 43.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Open the World ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | -12.38 | 63.22 | 17.09 |
EBIT | -44.52 | 43.23 | 9.95 |
Net earnings | -39.57 | 34.05 | 6.94 |
Shareholders equity total | 22.81 | 56.86 | 47.80 |
Balance sheet total (assets) | 73.21 | 98.77 | 110.64 |
Net debt | -4.20 | -39.37 | -53.93 |
Profitability | |||
EBIT-% | |||
ROA | -60.8 % | 50.3 % | 9.5 % |
ROE | -173.5 % | 85.5 % | 13.3 % |
ROI | -98.4 % | 77.9 % | 13.5 % |
Economic value added (EVA) | -39.51 | 33.94 | 6.77 |
Solvency | |||
Equity ratio | 31.2 % | 57.6 % | 43.2 % |
Gearing | 72.3 % | 1.8 % | 58.9 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.7 | 1.9 | 1.5 |
Current ratio | 0.7 | 1.9 | 1.5 |
Cash and cash equivalents | 20.68 | 40.38 | 82.07 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | B | B | B |
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